Energy-focused hedge fund Encompass Capital Advisors exited its entire position in retailer Murphy USA during the second quarter of 2026, according to a recent SEC filing. The sale liquidated 90,000 shares, which were valued at $44.46 million at the end of the first quarter and represented about 1.3% of the fund's reported portfolio.
This trade information was disclosed in a quarterly 13F filing on August 14, 2026, which details holdings as of June 30. Therefore, the transaction occurred between April and June. During this period, Murphy USA reported strong financial performance, with Q2 net income rising to $209.1 million, a significant increase from the prior year, driven by higher fuel margins and sales volumes.